JIN LIU:Pushing Bitcoin to be quantum-safe,or be 0
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@r8raq
PQC Quantum-Safe Strategy fr 2017 CryptoMaxi, Proof-of-Work maxi Q-Safe? or 0? Pushing bitcoin to be! #Raqcoin #Algorand #Kaspa #QRLedger https://t.co/UhtNC6xXsN
@zerohedge True. That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
An excellent post explaining the importance of Ethereum having a dynamically available consensus, that both provides economic finality and ensures chain progress even under conditions where economic finality is impossible. firefly.social/post/x/2033908…
@0xWaldox0 Only a portion of the Bitcoin can be compromised. Only one door of the safe can be pried open. In a highly coupled system where value is based on absolute trust, does a partial breach not necessarily mean the overall risk is out of control and trust collapses completely?!
@0xWaldox0 Only a portion of the Bitcoin can be compromised. Only one door of the safe can be pried open. In a highly coupled system where value is based on absolute trust, does a partial breach not necessarily mean the overall risk is out of control and trust collapses completely?!
Quantum computers pose two threats to Bitcoin: Threat 1: A quantum computer will be built and used to break Bitcoin's cryptography. Threat 2: Even before a QC is built, delaying the preparations to ensure Bitcoin is quantum ready will lead to people losing confidence in Bitcoin. The solution to both threats: ensure Bitcoin becomes quantum resistant via initiatives like BIP 360 + make sure the world knows this will be taken care of in time.
What does quantum-resistant Bitcoin infrastructure actually mean? And why is Core building it now? This Thursday, @richrines, @dylanjdennis, and @RumeelHussain break it down live. 🗓️ Mar 26, 11am EST Set your reminder 👇 twitter.com/i/spaces/1DGle…
